Stansell Flat

Farm/Ranch for Sale
Catylist Listing ID: 30589294
Property Subtypes: Cash Crop, Livestock, Ranch
Gross Land Area: 320 Acres
Sale Price: $320,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/26/2020

Overview / Comments

Great new farm listing located about 15 minutes north of Floydada, TX! These are great flat tracts primarily comprised of Pullman Clay Loam. This property has infrastructure in place to accommodate 2 quarter mile pivots. Current setup uses tenant owned towable center pivot (Does not convey with sale). Tenant confirmed there is one well located on the premises that pumps 100-150 gallons per minute. Well is subject to testing.

Underground lines connected to both pivot pads.
Flat farms with mostly Pullman Clay Loam
Pivot irrigation system owned by tenant and does not convey
CRP Contract terms on corners of 10/01/2012 - 09/30/2022
NE Contract is on 34.3 acres at $40.98/acre for annual payment of $1406.00
SW Contract is on 34.65 acres at $41.49/acre for annual payment of $1,438.00

Additional Details

Nearest MSA: Lubbock
County: Floyd
Highway Access: From Lubbock Texas at NE Loop 289 and US-62 E take US-62 E for 48.4 miles through Floydada to east side of town. Take TX-207 North for 11.6 mile then turn east on FM 97 for 4 miles then north on CR 211 for 1 mile then east on CR 130 for 1.5 miles destination is north of your location.

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Demographic Statistics

Proximity: 5 miles
Total Population: 707
Median Age: 45.45
Households: 280

Contact

Photograph of Listing Agent

Monty Edwards

M. Edwards, REALTORS West Texas CIE Member
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